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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicsthe ENFIA property tax by 30 percent, dropping the basic income tax rate to 9 percent, easing social security contributions to 15 percent and chopping the VAT rate in the food service sector to 13 percent..., that the lower VAT rate on five Aegean islands will be maintained beyond the end of the year
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammeaged under 25 and the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent to 12. There was no immediate negative reaction from... in the corporate tax rate as one such measure. Pension cuts Where things are less clear, though, is on the issue
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Take your seats
Agoraand the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1... excited. The reductions to the prohibitive corporate tax rate will be small and staggered, while
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Newsletter 175 -21/09/2018
were the reduction of the basic rate of income tax for those will annual incomes up to 10,000 euros... for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent before.... Apart from a faster growth rate and the lower primary surplus targets he wants to negotiate
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Greek leaders' contrasting visions all a blur
Agorawith the economy, bring down taxes, encourage social mobility and drive growth at almost double the rate (4... rate of income tax for those with annual incomes up to 10,000 euros from 22 percent to 9 percent... the VAT rate in the food service sector from 24 to 13 percent, a three-year VAT grace period and 40
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Newsletter 178 -12/10/2018
Unemployment at 19 pct in July Rise in inactive population slows decline in jobless rate Greece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic Statistical Authority’s (ELSTAT) data showed. For the same time last year, the unemployment rate came
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Disposable income grows by 3.3 pct in Q2
EconomyMacroeconomyincome has remained in positive territory for five consecutive quarters, with the latest rate representing the highest annual increase since Q4 2009, when the rate came to 2.7 percent. The absolute figure... saving rate (defined as gross savings divided by gross disposable income) stood at -3.5 percent in Q2
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Religion plays strong role in identity, beliefs of Greeks, international survey suggests
Societymember. The highest rate of acceptance was found in the Netherlands at 88 percent and lowest in Armenia..., with 76 percent expressing this belief. Greeks also had the highest rate of expressing that religion... from government policies. Out of all countries surveyed, Greeks had the highest rate of belief
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BoG highlights areas of concern in underlying NPE data
EconomyBankingof those loans. Another worrying issue is the rise of the default rate, which at 2.3 percent of loans that went to non-performing from performing seems to have decoupled from the cure rate, which stood at 1.8 percent over the first six months of the year. Mortgages had the highest cure rate at 2.9 percent
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PMI picks up to 54 in November while production rises to eight-month high
EconomyMacroeconomyof business. Production levels rose at the fastest rate in the last eight months, while output was strong and driven by solid client demand. New orders rose at the fastest rate since March as domestic demand... months. Overall, job creation came to the fastest rate since records began in 1999. Purchasing
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